3W7A0521 Courtesy: Gateway House
14 February 2017

Tax evasion can be tackled with global cooperation

In Monica Bhatia's interview, she discusses the changes in the global financial sector in the wake of the Panama papers and the HSBC files, mainly the increase in transparency between banks and governments. She highlights her belief in the Automatic Global Tax Information Sharing Network in countering tax evasion and the success of the methods that governments have already undertaken to enable voluntary disclosures. Lastly, she illustrates the measures under the BEPS system on tax compliance.

3W7A0670 Courtesy: Gateway House
14 February 2017

Reversal of brain-drain and the importance of Innovations Clusters

Clas Neumann in his interview envisions the new type of globalisation that the digital economy has created. The increase in distribution of work and revolution of global supply chains. He discusses the winners and losers of the changes in the H1B visa systems, specifically the brain drain reversal, and the alterations the Indian business model needs to make to adjust to these changes. He further emphasises on the idea that for technology companies to foster and develop, their closeness to "innovation clusters" is most important. And describes the role of governments in enabling the cultivating of digital spaces and digital cities.